News: Brokerage

Simone Development arranges 17,000s/f of leasing activity at 1733 Eastchester Road

Simone Development Companies arranges two new leases at 1733 Eastchester Road, a freestanding medical office building. DaVita Inc., a leading national provider of dialysis and other kidney care services, leased 10,000 s/f of space, and Advanced Access Medical Care, a specialist in nephrology and hypertension, leased 7,000 s/f. In addition to the leased space, 1733 Eastchester Road offers 10,000 s/f of medical/office space in this prime location. Joseph Simone, president of Simone Development Companies, made the announcement. "This is a stellar location for medical uses, given its proximity to major hospitals as well as public transportation," said James MacDonald, director of leasing for Simone Development Companies. "Given this recent burst of activity, and the interest we've had in the remaining space, I wouldn't expect this availability to remain much longer." Montefiore Medical Center previously occupied 1733 Eastchester Road, and will be consolidating into the brand new, custom built Tower 2 at Simone's Hutchinson Metro Center, located nearby. Simone took the opportunity created by the impending availability to update the common areas of 1733 Eastchester Road before marketing the property to potential tenants. Simone frequently accommodates its tenants' needs for expansion and consolidation within its expansive portfolio. MacDonald represented Simone Development Companies in the transactions. The tenants negotiated on their own behalf, without brokers.
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